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to sean o'keefe, the former nasa administrator who now heads eads. the company has big u.s. military contracts and plans to make those an even bigger percentage of the parent company's total revenue. thank you for joining us. you are a former secretary of the navy and former nasa administrator. you said to callou sean. i will go with mr. secretary. what a year you have had. you survive a tragic plane crash that took the lives of a beloved former mentor. your son survived. you survived. he also survived losing a big contract to boeing. eads is now setting new records for contracts. we want to talk about all of that. l's start with the final launch of the space shuttle atlantis. what are your thoughts? can the public sector takeover? >> this is been a remarkable event. it has a 30-year history of successful launches along with triumph and tragedy that goes along with the exploration agenda. it built the international space station. it could not have been built in assembled without the space shuttle. it was launched and successfully repaired several occasions. the hubble telescope gives
, the long-term deal that could take a big bite out of the deficit. >>> two big head lines, the casualties keep coming and the scope keeps widening. rebekah brooks arrested. the woman once headed up his british papers, she's out on bail. headline two, the head of scotland yard resigns. sir paul stevenson is quitting over criticism how he handled the saga. >> as commissioner i carry ultimate responsibility for the position we find ourselves in. with hindsight i wish we had sunlged matters involve this affair differently. i didn't and that's that. >>> brace for an explosive few days ahead. ra beck that brooks, rupert murdock and his son are scheduled to be questioned by british lawmakers tuesday. >>> 15 seconds of news from canada. classic rockers chief trick got a scare as their stage collapsed at the ottawa blues fest. the stage blew over in severe weather. that's where we snagged these pictures. check out the stage before. and after. it's barely recognizable. good news, no serious injuries. >>> you hear the words grope and airport and junk-touching security checkpoint horror stories pop t
a front flip on his motorcycle. he wound up winning that event. >> they say one of the big stars of the games is going to be skateboarder mitchie brusco. he's doing all sorts of crazy stuff. and get this. mitchie, just 14 years old. >> i've got to wonder how his mom feels about that. >> she's got to be a little scared. >> is she watching or she's got her eyes closed. >> i don't know how those guys do it. good lucuc >> wow, very impressive. >> yes. >>> more "world news now" when we come right back. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to " 80% of your part b expenses. if you're already on or eligible for medicare call now to find out how an aarp... medicare supplement insurance plan / insured by unitedhealthcare insurance company, helps cover some of .the medical expenses... / not paid by medicare part b. that can save you from p
'm a big netflix user, by the way. i get the discs sent to my house. they're going global in a big way. they've come a long way from the days they mail out the dvds. >> even though they're not in hong kong. but they're making a big move to latin america. they will expand to 43 companies in south america. they made the first international move to canada. late last year you can see it clearly wants to be a global company, but it's going to be pricey. the company said it would lose up to $70 million in the second half of this year from overseas operation. but investors in the states are cheering the move. the news sent netflix shares soaring 8% on tuesday. ali? >> kristie, how do you do it? are you further ahead in congress how long? is there similar service? >> itunes. it's all about itunes. >> very good. stick around for this story. quite frankly, i don't want to be alone in this piece of knowledge. some farmers in the uk were looking for extra ways to save money. the answer was on the farm in big piles. they're turning livestock waste into energy. the pigs were wallowing in gold. the t
% in the second quarter from a year ago. jpmorgan chase will be the first of the big banks to report on thursday. results from top tech player google are also expected thursday. also this week, investors will eye fresh economic data, starting with may's trade deficit on tuesday. also tuesday, minutes from the federal reserve's june meeting. wednesday, fed chairman ben bernanke delivers his biannual testimony to congress. retail sales and june's producer price index comes out thursday. and june's consumer price index is released friday. >>> elsewhere, precision cast parts says it has agreed to buy primus international for $900 million in cash. >>> reuters reports there's an emergency meeting in europe this morning over the debt crisis. they're now possibly spreading to italy. the region's third largest economy. friday italian stocks and bonds tumbled in a massive sell-off. >>> and finally, according to a new survey of college students and graduates, health insurance is the new love potion. 90% of surveyed students and 93% of recent grads said knowing a potential partner has health insurance would
at losses, big concerns over the solver debt crisis. report in a german newspaper is speculating that england may have to be included the bailout. so the european debt crisis is extending beyond grease, portugal and ireland and potentially italy. this is where we're looking at the european stock markets. off by more than 1% with the paris cac. reasons do with the greek debt crisis. a move away from the partial default. london ftse where banks are affected but not quite so badly as in germany and france up by about quarter of a percent and the losses are 2/3 of a percent for the seger smi. we'll have more of that coming up. >>> in terms of the currency markets, here we are, the main story here is that the euro remains under severe pressure, and i think that currency traders are talking in terms of the picture we've seen in recent weeks on the dollar coming to an end and that the dollar will remain in these kind of circumstances the safe haven currency. so looking at 1.5967. again, the pound under a lot of pressure. the euro, 1.4153 and 80.72. remarket stability for the yen dlafrmt
, state police, patrols or staffing at nursing and veterans homes. it affects roads, it's a big hassle for campers, they've got to leave state parks on this fourth of july weekend. >>> and the nba's collective bargaining agreement ran out. making it the second major sports organization to lead a lockout. the league said lost $300 million last season. so owners want to reduce players' salaries. the sides are so far apart on this that industry insiders say the entire 2011-2012 season is in jeopardy. i'll have more with "sports illustrated" later on in the show. >>> prosecutors in the casey anthony trial can call rebuttal witnesses after the defense rested without put herring on the stand. cnn has obtained home video of anthony as a young girl in 1991. here she is as a friend's birthday party. >> happy birthday, my name is casey. >> what do you think, casey, i didn't get you. >> happy birthday. happy birthday, my name's casey. >> the woman who claims she had an affair with casey's father was on the stand yesterday. here's what she says, george anthony, the father told her about caylee ant
is a big bargaining chip. looks like defense will take a bigger cut because of that. >> every single one of the panels has recommended bigger cut spending. secretary gates has even said he was expecting a bigger number than 400 billion or that some of the estimates out there were bigger than 400 billion. marcus, what are some of the things the pentagon doing to prepare for a leaner future. gates was the one out there arguing to keep spending levels high. >> well up to now, the pentagon mainly way of saving money is through efficiencies. last budget go around for over five year period they said we will save $178 billion. however they reinvested 100 billion. now they believe more work can be done in terms of efficiencies, however more has to be done in terms of whether it's weapons, whether it's instrain. >> kate let me end with you, do we know, now that we have some of the these proposals on the floor, do we know where the 2012 defense bill is going to ultimately end up? >> i think all of the bills that have been passed so far, i think you will see defense get cut much more than has alre
the table. >> to get a big package would require a big tax increase in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> reporter: on sin's "meet the press," treasury secretary tim geithner said failing to reach a deal would be catastrophic. >> we need to do something substantial to bring our long term deficit down over time. >> reporter: the stakes high as the two sides try again today. so, the president will be answering questions at a press conference scheduled for 11 a.m. eastern time this morning. he'll then meet with congressional leaders this afternoon. he's asked republicans to bring specifics for their plan. >> thanks so much. a reminder for you, we'll have live coverage of the president's news conference beginning at 11 a.m. eastern time right here on msnbc. the place for politics. >>> officials at nasa are closely monitoring a piece of so-called space junk, which is on a potential collision course with the space shuttle "atlantis" and the international space station. nasa estimates that the ob
today? >> this wouldn't be the big deal if this is the only day, but this is day after day the spring into the summer. then let's pile on a top of humidity. that gets to the people and aggravates everyone. this is where the center of the heat is. right over the top of the eastern half of the country with the exception not being up in the great lakes. this is already the heat index. what time is it? it's 10:00. we are at 105 already in louisville. areas of memphis, nashville and st. louis are right behind. the worst has been centered over the ohio river valley and southern indiana. later today, this is my forecast heat index. this is how hot i'm predicting it's going to get. the worst is up here with the dew points at the highest. we are thinking 110 in louisville, 110 in nashville. i've got my money on 115 in memphis as the hottest heat index in the country. it goes from oklahoma city to the east coast. this is one of the first humid days we had from new york to deep, deep baltimore, raleigh. you go down the coast with no exceptions. this is historic in oklahoma city. we now had 13 da
in it that's pretty -- it's sort of outlined but not detailed in legislation and has a big, big dollar figure around it. so, sort of the big plan. passing that along with a debt ceiling as sort of a big theory option instead of this mcconnell/reid plan, but it's so vague, as you can tell, and nothing that i have as any sort of firm plan, just, like, something that's sort of out there in the ether, they just don't have a plan at this point, no one does, john. >> it sounds like, and some people at home are saying, my god, there they go into washington speak again. i'll try to simply phi it. they are trying to fit certain pieces together to get you to several trillion in deficit reduction and that seems to be where we are, a bunch ideas. i'll go over to the wall a little bit, because jess talks about the mcconnell plan, that would give the president the authority to raise the debt ceiling and maybe they would come up with a commission with spending cuts. that's one backup plan. another backup plan is the gang of six. and i want to bring up the gang of six yesterday we talked about that. they hav
>> i am still pushing for us to achieve a big deal. >> without serious spending cuts, without real reform of our entitlement programs, this problem is not going to be solved. >> susie: republicans and democrats hold closed-door meetings, but not with each other, as both sides maintain a hardline stance on debt ceiling talks. >> tom: the white house deadline for a deal is one week away. the pressure is building as a warning is issued for life insurers holding government bonds. it's "nightly business report" for friday, july 15. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. just one more week until an important deadline, july 22. tom, that's the date when president obama wants a debt- ceiling deal in hand. >> tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. >> susie: it looks like
, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a favorite child in all of this, right? the democrats. that's his par
today for as big a deficit agreement as possible. that will require leadership and hard decisions, the president said, and not just from politicians. darren gersh reports. >> reporter: before he sat down with congressional leaders, the president said both parties talk tough about fixing the nation's debt problems, but they still aren't willing to come to the table and make hard sacrifices. and he added another group to that list: the nation's business leaders. >> the business community is a lot like everybody else, which is we want to cut everybody else's stuff and we want to keep our stuff. we want to cut our taxes, but if you want to raise revenue with somebody else's taxes, that's okay. and that kind of mindset is why we never get the problem solved. >> reporter: but house speaker john boehner says there is a reason businesses shouldn't be asked to give more now. >> our disagreement with the president is not about closing loopholes. none of us are fond of loopholes. our disagreement is over the idea of raising taxes on the very people that we're asking to create jobs in our cou
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
: prince william outmatches his bride on their first official overseas trip since the big we hadding in april. this after the two teamed one local athletes in a friendly boat race just off prince edward island in canada. his royal highness was in the center of his team's boat rowing. the duchess of cambridge sat in the back it steer her team's vessel. william's team won but the prince consoled kate with a hug. the couple watched a band perform earlier in the day. prince william landed his military helicopter there. he pulled it off without a hitch. the water landing was his first attempt. as kate greeted fans in quebec city, one fan wished her well in starting a family. kate has not spoken publicly about having children but she was overheard saying yes, i hope to. >> there is plenty ahead. fox 5 morning news starts right now. it was just a little while ago that there was a big celebration in d.c. skies were lit up with the spectacular fireworks display. good morning. i'm wisdom martin. welcome to fox 5 morning news. time now to check in with tucker barnes. great call on the forecast
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
to detroit. 94 in atlanta. 85 here in the big apple. >>> well, here's a story that we usually don't hear from the middle east. a world record, in fact. >> pretty cool story. some 13,000 children steered clear of trouble in gaza to fly their kites at the same time. it all made for a pretty colorful show in the skies. >> the previous record of more than 10,000 flying kites at once was set earlier this year in china. so good for those kids. and congratulations. >> that is a cool scene out there. a little peace and a nice little event t d aorld record. >> and a world record to go with it. >> not bad. more "world news now" coming up after the break. you go next if you had a here would hoveround power chair? the statue of liberty? the grand canyon? it's all possible ith a hoveround., tom: hi i'm tom kruse, inventor rand founder of hoveround., when we say you're free to see the world, we mean it. call today and get a free overound information kit, that includes a video and full color brochure. dennis celorie: "it's by far the best chair i've ever owned." terri: "last year, 9 out of 10 people got the
and really just ready for a big, big concert. matt? >> i tell you, al, this represents this morning, the motorcade had to actually move these people out of the way. anyway, we'll get back to you in a couple of minutes. >>> meanwhile, there has been a major development in the ongoing budget negotiations. president obama suspended the talks for the today. we'll tell you why and we'll talk to one of the senators who has been inside the negotiating room all week long. >> that's right. and also casey anthony is going to be released this sunday. and -- from prison. authorities are becoming increasingly concerned for her safety and we're live at the jail this morning with details on that story. >>> remember the photo we showed you earlier this week of that massive 18-foot long crocodile, the saltwater croc? a lot of people thought this was a doctor'd photograph. you can believe it's real. we went in search of that beast and we found him. >>> let's begin with that breaking news over night in boston where two delta planes collided. nbc's tom costello covers aviation for us in washington. goo
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
, the risk of a u.s. default is also a big worry for many older americans. they're conditioned about their monthly social security payments. now we placed several unanswered calls expecting social security checks on august 3. an additional 27 million beneficiaries expect payments later in the month. we caught up with a couple of them to see what's on their minds. >> it's a scare tactic. i mean because there's so many other things that they can stop before they stop social security checks. >> whether it is the republicans or democrats win this game, you have to remember next year is an election year again. so they're posturing themselves. and they're playing a game that is kind of tough. but again they have to get something passed sooner or later. >> susie: so far, the treasury has not provided details on how the government will decide which bills to pay if the borrowing limit is not raised. executives from the country's biggest banks met today with treasury officials in new york ahead of tuesday's deadline. they discussed how debt auctions would be handled if congress fails to raise
is an open minded scholar. who embraces big ideas who's not encapsulated by silos or artificial boundaries. he's clarifies as he pursues nuance and complexity. don't be fooled by the fact that this book and after the cohen says from prehistoric times to the french revolution. professor fukuyama takes you through the state, counter, and government, and what's the origin. having one of those in place doesn't suppose that the others will have vibrant and alive institutions. he discusses failed and failing states, provides probing questions ab the -- about the united states as well. i love the fact that you defend the necessity of politics even as you take us through political anxiety and political decay and it makes us think about our own society here in the united states. i have not read the whole book yet. but i've already been made to think for me unreconstructed and open-minded liberal you helped me realize there's more than friedrich hayek that market absolutism. let us welcome francis fukuyama and -- [applause] [applause] >> let's also pay tribute to the good work of c-span which adds t
in three weeks the president continued to press for a big deal to raise the debt ceiling and to reduce the deficit by $4 trillion. >> i am still pushing for us to achieve a big deal. but what i also said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payme on deficit reduction. we are obviously running out of time. and so what i have said to the members of congress is that you need over the next 24 to 36 hours to give me some sense of whayour plan is to get the debt ceiling rais through whatever mechanisms they can think about and show me a plan in tes of what you are doing for deficit and debt reduction. if they show me a serious plan, i'm readyo move. even if it requires some toh decisions on my part. and i'm hopeful that over the next couple of days 'll see this long jam broken because the american people i think understandably want toee washgton do its job. >> president obama ruled out a 2.4 trillion plan prosed by house republicans. >> in my expectation is that you will probably see the house vote on
history, we have run this experiment of big government, big spending, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the failure of trickle down economics. have you seen time and time
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
bieber. oh, my god! >> what would you do if justin bieber crashed your wedding, the big day, without an invite. the couple with the wedding video everybody is talking about join us here on "gma." >>> good morning, everyone. george is enjoying a little break with the family and our family member, david muir, is back with us. >> crashing your party. >> justin bieber, david muir, the same thing. >> it's not quite the same thing. >> it is. >> nonetheless. >> how about this extreme weather? >> really something, these pictures coming in. >> from phoenix blowing in last night going through right there. that dust storm, and then these temperatures all -- the majority of the country feeling it, david. >> smoke alarms going off because of the heat. then alarms going off here, these are different kinds as team usa is in the house. look at them just arriving moments ago. what a homecoming. >> we're going to really celebrate with them coming up. love to see them here in times square on our home turf. >> huge crowd for them there this morning. >>> we'll begin with the high-stakes drama unfolding a
and hang seng closed down. let's go to kristie lu stout. what's the big headline this morning, kristie it's all a ar w rows down. the yen soon as a safe haven continues to rise. meanwhile stocks in europe are also dae cleaning. europe is battling its own debt crisis. moody's has placed spain's government bonds on a downgrachltd government pressures and weak growth were behind that decision. ali, back to you in new york. >> kristie, we always worry when we get into a weekend and we have a deadline and we don't have a deal here that that's going to start touching asian markets more quickly than it's going to touch u.s. markets on monday. what's the reaction to the u.s. not having a deal so far? >> let's look a at the political reaction out of china, the largest foreign holder. chinese leaders, the they're not just worried. they're angry. stephen roach, of morgan stanley, he's been telling cnn that chinese leaders are appalled and that they think that america's behavior could create havoc in the global economy. meanwhile the news agency shing wa released a statement says, quote, the well bei
limit talks, some governors are making big policy strides and who is moving in the right direction and who has got it wrong? plus, school may be out, but school choice appears to be in. some good news from the front lines of education reform. and the war against girls, a closer look at a controversial new book that documents the increasing phenomenon of sex selection and the consequences of a world full of males. welcome to the journal editorial report. i'm paul gigot. the state of the state with leaders in washington still bogged down in debt limit talks, some governors are making real strides in the fight to balance their state budgets and others are falling into the same old tax and spend facts. wall street columnist, dan henninger and kim strassel and senior economics writer, steve moore. dan, this may be the most c consequence time, which states first, are making progress and what nr' doing. >> well, the state, i think, is making some of the most interesting progress in florida with the republican governor rick scott. rick scott came in on a pro business agenda and said he was
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
Search Results 0 to 49 of about 835 (some duplicates have been removed)